Eco-friendly and Sustainable Industrialization in Ethiopia
Written By: Alex Wang The United Nations Industrial Development Organization (UNIDO) classifies the global economy into either industrialized economies or developing/emerging economies. This classification is further divided into other groups such as emerging industrialized economies, least developed countries (LDCs), and more, all based on a specific country's manufacturing value-added or MVA. 1 As the global economy grows, we can see that Africa continues to fall behind as, far and away, the world’s least industrialized region. South Africa is the sole “industrialized” nation on the continent. With this in mind, we see Africa’s rapid industrialization on the horizon, with an estimated 100 million jobs migrating from China, as the manufacturing hub, to Africa over the next decade. 3 Of seminal importance is the sustainability of this development, economically to improve the living standards, but not at the cost of the environment. Ethiopia’s successful tackling of this eco-frien...